NEOVIA Chosen for Video-on-Demand Payments

Sept. 27, 2010

NEOVIA Financial Plc, an alternative payments service based on the Isle of Man, announced that FilmFlex, a recently launched broadband video-on-demand service, will use the NEOVIA Payment Network to process all online payments. FilmFlex, a joint venture between Sony and Disney, claims it is the U.K.’s leading ‘on demand’ online film service. FilmFlex is using the NETBANX gateway, part of the NEOVIA Payment Network, to process all payments for its new packaged streaming service. “We chose NEOVIA as our business partner because they understood our business model,” said Andrew Keyte, CEO of FilmFlex. “They gave us the flexibility to add alternative payments as we needed them. Having NEOVIA processing our payments securely, at competitive rates, helps us maximize our offering to our clients now—and as the video-on-demand market grows in the future.”